Hong Kong Securities Industry Association: The industry believes that the proportion of 'stable coins and virtual assets' as the engine of Hong Kong's financial development is as high as 28%.

PANews reported on February 21st that, according to the Hong Kong Ta Kung Pao, a survey by the Hong Kong Securities Industry Association showed that although half of the industry respondents reported losses last year, 7% and 21% believe that business will expand significantly and moderately this year. The survey shows that the securities industry believes that 'artificial intelligence financial applications', 'stablecoins and virtual assets', and 'securities market reforms' will become the three major engines of Hong Kong's financial development, with the proportion of choosing 'stablecoins and virtual assets' as high as 28%. In addition, the survey also found that the Hong Kong securities industry believes that the most worthwhile investment development financial themes in 2025 include virtual assets, investor immigration programs, family offices, green finance, among which virtual assets account for the highest proportion, reaching 36%. Li Yingyu, Vice Chairman of the Hong Kong Securities Industry Association, said that with the development of the emerging industry of virtual assets by Hong Kong securities firms, many mainland capital are interested in expanding their business in Hong Kong through the acquisition of licenses. The number of people inquiring about purchasing licenses from securities firms has also increased recently.